Shattuck Labs receives notices to exercise 50,586,483 common stock warrants, raising USD 54.9 million
Shattuck Labs, Inc.
Shattuck Labs, Inc. STTK | 0.00 |
- Shattuck Labs received notices to exercise about 50,586,000 common stock warrants, about 96% of those issued in its Aug. 4, 2025 private placement.
- Expected gross proceeds total about $54.9 million; $5.6 million was received by March 31, 2026 from 5,147,773 warrant exercises.
- Anticipates about $49.3 million more from 45,438,709 warrant exercises since March 31, 2026.
- Cash, cash equivalents, short-term investments were about $90.4 million as of March 31, 2026; runway expected into 2029.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shattuck Labs Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606090800PRIMZONEFULLFEED9733873) on June 09, 2026, and is solely responsible for the information contained therein.
